Tehran faced two rounds of new U.S. sanctions in as many days. On July 29 and July 30, the Treasury Department’s Office of Foreign Assets Control (OFAC) issued back-to-back sanctions targeting the...
President Donald Trump says he has “plenty of time” for talks with Iran. That works because Washington, DC, is 7,000 miles away from the Strait of Hormuz. But if you are in Dubai,...
As U.S. bombs struck Iran’s military, Treasury targeted the financier who helped keep it funded. The U.S. Treasury Department on July 24 sanctioned four individuals and nine entities sustaining...
The European Union continues to tailor its sanctions net around Russia’s war effort. On July 23, Brussels rolled out its 21st package of economic sanctions targeting Russia. This package, the...
On July 23, the US Treasury Department’s Office of Foreign Assets Control (OFAC) designated a Turkey-based Hamas money exchange alongside a senior Muslim Brotherhood official. Treasury said...
On July 15, Iraq’s Ministry of Finance circulated a banking directive instructing ministries, state entities, and financial institutions to implement recent US Treasury Department sanctions...
The memorandum of understanding (MOU) between the United States and Iran was meant to secure a 60-day ceasefire. Instead, the Islamic Republic has repeatedly attacked commercial vessels operating in...
Landlocked Kazakhstan is seeking port access, and Astana is banking on Iran to provide it. On July 8, Kazakhstan signed an agreement to build a logistics and transport terminal at Iran’s largest seaport...
As the United States and allies met in Turkey for the NATO summit, Russia hosted its own parley aimed at strengthening a technological bloc to compete with the West. Addressing the INNOPROM exhibition,...
The earthquake in Venezuela made the failures of the Rodriguez administration painfully clear.
As the United States and Iran trade blows again, it’s important to remember that sanctions relief would have only allowed the Islamic Republic to finance its war machine.
Russia is running short on gas. On June 24, Reuters reported that Russia petitioned Kazakhstan to provide 50,000 metric tons of AI-92 gasoline to alleviate domestic shortages. Despite its status as...
Decay, damage and the long road back
If President Trump has his way, the Third Lebanon War, which Hezbollah began by attacking Israel on October 8, 2023, will soon end. But even as the group’s most intense fight against Israel comes to...
The Memorandum of Understanding between the United States and Iran hands the terrorist regime the one victory it could never have achieved on the battlefield. Financial reprieve. What is so disconcerting...
The U.S. has reportedly granted Iran sanction waivers for selling oil, with one Iranian supertanker transporting crude oil having already crossed the U.S. naval blockade. This development came one day...
Is the Trump administration about to surrender a significant portion of its leverage before the hardest phase of negotiations begin?
The Pentagon just fired a warning shot at Beijing — and Wall Street. On June 8, the Pentagon released its updated Section 1260H list, which designates Chinese companies as supporting Beijing’s military-civil...
The Islamic Republic of Iran suffered a devastating blow in May, with the American blockade and sanctions biting deep into the regime’s bottom line. Iran exported zero crude oil in the month and only...
Opponents of U.S. sanctions often cite Cuba as “Exhibit A” for why sanctions don’t work. The United States has maintained an embargo on the island for more than six decades — but to what end? Cuba’s...